55 Ridge Street, Greenslopes, QLD 4120 sold on 11 November 2025 | OnTheHouse
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Sold on 11 Nov 2025 for $2,285,000

55 Ridge Street
Greenslopes QLD 4120

Bedrooms: 7
Bathrooms: 3
Car spaces: 3
Floor area: 329m2
Land area: 801m2
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Property Details for 55 Ridge St, Greenslopes

55 Ridge St, Greenslopes is a 7 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1993. The property has a land size of 801m2 and floor size of 329m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 7 bedroom Unit sold in Greenslopes in the last 12 months.

Building Type
Unit
Year Built
1993
Floor Size
329m2
Land Size
801m2
Local Government
Brisbane
Lot/Plan
2/SP168177

Last Listing description (December 2025)

Under instruction from Receivers and Managers, to be sold by public auction.

A rare opportunity to purchase three full-brick apartments - each individually titled however to be sold as one , securing an entire complex.

Whether you're an investor seeking a dependable income stream, a superannuation buyer looking for a solid asset, or a home seeker wanting a quality residence in a handy position, this property offers lasting value and flexibility.

Built in 1993, the complex has been thoughtfully maintained and includes three spacious, self-contained dwellings, each with its own outdoor space and car parking.

A shared in-ground pool adds to the appeal, creating a relaxed setting for residents while keeping upkeep low and manageable.

Unit 1 - Spacious Two Bedroom Plus Hobby Room

Warm and inviting, this generous two-bedroom home features open-plan living with a brick fireplace and split-system air conditioning. A well-laid-out kitchen adjoins a large laundry with an extra hobby or workroom - perfect for creative projects or a quiet home office.
Both bedrooms have walk-in robes and ceiling fans, and the rear deck provides a peaceful spot to enjoy morning coffee or afternoon breezes.

Unique Features:
- Additional hobby or workroom - ideal for creative use or home office
- Lock-up garage
- Quiet rear position within the complex

Unit 2 - Modern Two Bedroom with Private Patio

Stylish yet easy to live in, this apartment offers light-filled open-plan living with timber-look floors and a modern kitchen with electric appliances. Two well-sized bedrooms include built-in wardrobes and ceiling fans, and the two-way bathroom connects conveniently to the main bedroom.
Sliding doors open to a private covered patio, offering the perfect spot for outdoor dining or a relaxed weekend breakfast.

Unique Features:
- Private covered patio for outdoor dining or relaxation
- Excellent natural light and cross-ventilation

Unit 3 - Top-Floor Three Bedroom with City Views

Taking up the entire top floor, this three-bedroom residence feels more like a house than an apartment.
The open tiled living area is complemented by ducted air conditioning, while the large kitchen provides plenty of bench and storage space. Three generous bedrooms include built-in robes, with a main bathroom, second toilet, and an expansive entertainer's patio capturing sweeping city views - ideal for sunset dinners or relaxed evenings.

Unique Features:
- Large covered patio with wide city vistas
- House-like proportions rarely found in a top-floor apartment
- Excellent privacy and natural light throughout

Additional Highlights Of The Complex Include:
- Shared in-ground pool
- Solid full-brick construction and neatly maintained common areas
- Light-filled interiors with good natural ventilation
- Three separate titles - being sold as one

Investment Snapshot:
- Combined rental income of $1,620 per week
- All units securely tenanted
- Consistent rental performance and minimal ongoing maintenance
- Flexible options for investors, superannuation buyers, or multi-generational living

This rare receivership sale presents a transparent, time-certain opportunity to secure quality full-brick apartments in a peaceful, well-maintained setting. Opportunities like this don't come along often, register your interest early and be ready to bid with confidence on auction day.

Property History for 55 Ridge St, Greenslopes, QLD 4120

A timeline of how this property has performed in the market
Last Sold
$2,285,000
11 Nov 2025
  • 11 Nov 2025
    Sold for $2,285,000
  • 14 Oct 2025
    Listed for Sale Sold at Auction
  • 21 Mar 2019
    Listed for Sale Units For sale From $460,000-$560,000
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About Greenslopes 4120

The size of Greenslopes is approximately 2.5 square kilometres. It has 11 parks covering nearly 10.5% of total area. The population of Greenslopes in 2016 was 8936 people. By 2021 the population was 7941 showing a population decline of 11.1% in the area during that time. The predominant age group in Greenslopes is 20-29 years. Households in Greenslopes are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Greenslopes work in a professional occupation.In 2021, 45.90% of the homes in Greenslopes were owner-occupied compared with 40.80% in 2016.

Greenslopes has 4,774 properties. Over the last 5 years, Houses in Greenslopes have seen a 65.62% increase in median value, while Units have seen a 111.77% increase. As at 31 December 2025:

  • The median value for Houses in Greenslopes is $1,387,515 while the median value for Units is $826,123.
  • Houses have a median rent of $650 while Units have a median rent of $600.
There are currently 15 properties listed for sale, and 9 properties listed for rent in Greenslopes on OnTheHouse. According to Cotality's data, 185 properties were sold in the past 12 months in Greenslopes.

Suburb Insights for Greenslopes 4120

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.